Acquia has announced that they have closed a $55 million equity financing round through the help of Centerview Capital Technology. Centerview Capital specializes in partnering with the management teams of midsize companies they see as "high potential" for growth. Centerview Capital Technology led the financing round, with support from existing investors including New Enterprise Associates and Split Rock Partners. This funding will help Acquia scale its global operations, sales and marketing as well as the development of its solutions for building, delivering, and optimizing digital experiences.
“We are delighted to partner with Acquia, the industry leading web-content management solutions company,” said Ned Hooper, managing partner at Centerview Capital Technology. “We are strong believers in the massive opportunity in digital transformation for the enterprise, and believe that Acquia, with its technology leadership and strong management team, is uniquely positioned to lead this transformation.”
Acquia is a leading provider of web content management solutions, most recently recognized in Gartner’s 2015 Magic Quadrant for Web Content Management. Intuit, Warner Music Group and Stanford University are among Acquia's customers with more than 4,000 organizations tapped into Acquia’s open cloud platform.
“At Acquia, we pride ourselves on guiding today’s leading organizations as they digitalize their business,” said Acquia CEO Tom Erickson. “The phrase, ‘If you’re not thinking ahead, you’re falling behind,’ rings ever so true for us, and we strive each day to help our customers stay ahead of the curve and provide amazing digital experiences. This investment in Acquia will enable our team to focus on doing what we do best, helping our customers achieve maximum business impact by delivering digital experiences that are flexible, agile, and open.”
"We have become the backbone for many of the world's most influential digital experiences and continue to grow fast. In the process, we are charting new territory with a very unique business model rooted [in] Drupal and Open Source", said Acquia CTO Dries Buytaert.
Source: Acquia